The Internet of Things will allow manufacturers to provide B2B customers with a controlled level of involvement in manufacturing oriented business processes. This benefits both parties because both have the same objectives.
To date, more than 400 global manufacturing leaders have responded to the LNS Research Manufacturing Operations Management survey, which focuses on identifying the top objectives, challenges, and trends across manufacturing verticals.
According to the research, the top strategic objectives are:
- Ensuring consistent quality of products
- Responsiveness to customer order demands
- Increasing production capacity and capabilities
- Getting new products to market faster
- Tighter alignment of business and manufacturing goals
- Global alignment and standardization of manufacturing processes and reporting
- Regulatory compliance
- Improving environment, health, and safety performance
- Effective human resource skills and management